How Much is Your Home Worth?

August 25, 2021


How Much is Your Home Worth?

If you are like most homeowners, you have probably often wondered what your home is currently worth. It is likely your largest investment after all. Unlike the stock market, though, you do not have access to its value in real-time.

You may want to know the value of your home just because you are curious, or because you need to know the financial value of this important investment, or even because you are thinking of making a move in the near future.

These are all good reasons.  So how do you find out?

Well, a lot of homeowners simply guess.  You might have heard a friend or colleague say, “We bought this property for a boat load of money five years ago.  I bet we could get a boat load and a half if we sold it today!”

Unfortunately, a guess is just a guess.  It is often wrong.

Other homeowners might find out what the “house around the corner” sold for last month and base their estimate on that.  While that is a more accurate predictor of what your home is worth, you can still be off by tens of thousands of dollars.

The best way to find out what your home would sell for in today’s market is to calculate its Current Market Value.  This is done by reviewing what comparable homes in your area have sold for recently – usually within the last six months – and then, based on that data, and the unique characteristics of your home, determining the value of your property today.  This is a service your realtor, or any realtor, would be happy to provide you.

Fill out this simple form to find out. It would be my absolute pleasure to provide you this service for free.